Friday, 1 August 2014
Last updated 15 hours ago
Oct 19 2012 | 10:56am ET
Windsor, Conn.-based SS&C Technologies Holdings has made another acquisition.
The financial services software and services provder has bought the boutique, Texas-based hedge fund administrator Hedgemetrix.
The acquisition follows SS&T's earlier purchase of the hedge fund administrator GlobeOp and the new firm—including 10 employees and 20 customers—will operate as part of the SS&C GlobeOp business.
HedgeMetrix was founded in 2002 by Layton and Jacqueline Freeman.
SS&C Technologies chairman and CEO Bill Stone said of his firm's latest acquistion: “SS&C GlobeOp increases our footprint in the south and is an important part of our growth in the United States.”
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…